The forecast for the re-import of nickel plates, sheets, strip, and foil to Canada from 2024 to 2028 shows a steady upward trend. The values in thousand US dollars for each consecutive year are 37.67, 38.87, 40.06, 41.22, and 42.35. This indicates an overall positive growth trajectory over this period.
Year-on-year growth reflects an increment ranging from approximately 3.18% to 2.74% annually. Since 2024 is the first forecasted year following 2023, exact comparison values for 2023 are necessary to ascertain past trends but assume gradual growth based on historical context up to 2023.
Future trends to watch for:
- Shifts in global nickel supply chains due to changes in geopolitical relations, affecting import volumes.
- Technological advancements in nickel processing impacting demand for specific forms of nickel imports.
- Environmental and sustainability policies influencing import patterns owing to increased regulatory scrutiny.